Hey, I'm Dan! I'm the CEO of Plus and a venture partner at Madrona. I write the DL, a newsletter about tech in the Pacific Northwest

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Stop Buying Stuff on Amazon! -Amazon 😘

Amazon stock hit all-time highs last week, and they are selling so much stuff that they are literally redesigning their site to try to sell fewer items.

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Going Back to Work with Starbucks and Microsoft

Starbucks and Microsoft both have large businesses in China, so last week they shared some of their learnings about reopening in China with the Seattle business community...

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What's Happening in VR?

Videoconferencing software is blowing up while people are stuck at home (Zoom grew from 10M to 200M DAUs in three months, and Teams grew from 32M to 44M DAUs in a week), and it looks like people are going into VR to escape quarant

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First Round's Guide to Navigating the Crisis

If you haven’t already read a dozen “how to navigate the crisis” articles, this one is really good. First Round pulled together all of the advice they’ve been sharing with entrepreneurs along with links to resources.

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March 2020 PNW Venture Deals

Here are the PNW startups that announced new fundraising rounds in the month of March. These 20 companies raised $200M+ last month!

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COVID-19's Impact on Seed Investing

In 2020, seed rounds have plummeted to levels we haven’t seen since 2013. For the last three years, there have been 2,000 to 2,500 seed deals by the end of March, but this year there have only been 1,200...

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How COVID-19 Will Impact Startup Valuations

Last week, I shared some opinions on what’s going to happen to the startup market over the next few quarters. But this week, I thought I’d get some data instead of just speculating (breaking all sorts of VC rules 🙃).

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What It's Like To Run Slack Right Now

Cool thread from Stewart Butterfield (CEO of Slack) on what it’s like to run a public company and make decisions on what to share on an earnings call during a crisis. Long-ish read, so here are some of the highlights:

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Trade of the Week 💥

Last week, Bill Ackman, a billionaire hedge fund manager, did an interview where he teared up and warned investors that “hell is coming” if the government doesn’t shut down the country.

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PNW fighting COVID-19 together

One bright spot in the COVID-19 pandemic is everyone coming together to fight a common enemy (maybe, for the first time ever?). Many of the most iconic companies and institutions in the PNW have been announcing initiatives to help

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